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Global Ocean Logistics India IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
Global Ocean Logistics India Limited is an integrated logistics service provider offering freight forwarding and supply chain solutions across sea, air, and road transport. The company earns revenue through international freight forwarding, customs clearance, and allied logistics services. Its services are used by exporters and importers for cross-border trade, enabling efficient cargo movement and end-to-end logistics execution across global routes.
Global Ocean Logistics India, an Book Built Issue, amounting to ₹30.41 Crore,consisting entirely an fresh issue of 0.39 crore shares of ₹30.41 Crore.The subscription period for the Global Ocean Logistics India IPO opens on December 17, 2025, and closes on December 19, 2025. The allotment is expected to be finalized on or about Monday, December 22, 2025., and the shares will be listed on the BSE SME with a tentative listing date set on or about Wednesday, December 24, 2025.
The Share Price Band of Global Ocean Logistics India IPO is set at ₹74 to ₹78 per share per equity share. The Market Capitalisation of the Global Ocean Logistics India at IPO price of ₹78 per equity share will be ₹
112.65 Cr. Crores. The lot size of the IPO is 1600 shares. Retail investors are required to invest a minimum of ₹
249,600, 2 lots ( 3200 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is
3 lots (
4800 shares), amounting to ₹
374,400.
Marwadi Chandarana Intermediaries Brokers Private Limited are the book running lead manager of the Global Ocean Logistics India Ltd. while Kfin Technologies Limited is the registrar for the issue. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Global Ocean Logistics India Limited IPO GMP Today
The Grey Market Premium of Global Ocean Logistics India IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Global Ocean Logistics India Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 19 December, 2025, the Global Ocean Logistics India IPO live subscription status shows that the IPO subscribed 13.64 times on its Final Day of subscription period. Check the Global Ocean Logistics India IPO Live Subscription Status Today at BSE.
Global Ocean Logistics India Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Global Ocean Logistics India IPO allotment date is 22 December 2025, Monday, Global Ocean Logistics India IPO Allotment will be out on 22 December 2025, Monday.and will be live on Registrar Website from the allotment date.
Check Kfin Technologies Ltd. IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Global Ocean Logistics India IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Global Ocean Logistics India Limited IPO
Global Ocean Logistics India to utilise the Net Proceeds towards the following objects:
1. ₹2126.85 Lakh is required for Funding working capital requirements of our Company;
2. General Corporate Purpose
Refer to Global Ocean Logistics India Limited RHP for more details about the Company.
Global Ocean Logistics India Limited Day Wise IPO GMP Trend
| GMP Date | Issue Price | Expected Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| December 12, 2025 | N/A | N/A | ₹0(0.0%) | 12 December 2025; 06:44 PM |
| December 12, 2025 | N/A | N/A | ₹0(0.0%) | 15 December 2025; 01:01 PM |
| December 12, 2025 | N/A | N/A | ₹0(0.0%) | 17 December 2025; 10:31 AM |
| December 12, 2025 | N/A | N/A | ₹0(0.0%) | 18 December 2025; 11:06 AM |
| December 12, 2025 | N/A | N/A | ₹0(0.0%) | 22 December 2025; 11:00 AM |
Global Ocean Logistics India IPO Details
| Market Capitalization | ₹112.65 Cr. |
| IPO Date | December 17, 2025 to December 19, 2025 |
| Listing Date | December 24, 2025 |
| Face Value | ₹10 Per Share |
| Price Band | ₹74 to ₹78 per share |
| Issue Price | ₹78 per share |
| Employee Discount | NA |
| Lot Size | 1600 Equity Shares |
| Total Issue Size | 38,99,200 Equity Shares (aggregating to ₹30.41 Cr) |
| Fresh Issue | 38,99,200 Equity Shares (aggregating to ₹30.41 Cr) |
| Offer for Sale | NA |
| Issue Type | Book Built Issue |
| Listing At | BSE SME |
| Share holding pre issue | 1,05,43,491 |
| Share holding post issue | 1,44,42,691 |
| Rating | Avoid |
Global Ocean Logistics India IPO Anchor Investors Details
| Bid Date | December 16, 2025 |
| Shares Offered | 11,08,800 |
| Anchor Portion Size (In Cr.) | 8.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 21, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 22, 2026 |
Global Ocean Logistics India IPO Timeline (Tentative Schedule)
| IPO Open Date | Wed, Dec 17, 2025 |
| IPO Close Date | Fri, Dec 19, 2025 |
| Basis of Allotment | Mon, Dec 22, 2025 |
| Initiation of Refunds | Tue, Dec 23, 2025 |
| Credit of Shares to Demat | Tue, Dec 23, 2025 |
| Listing Date | Wed, Dec 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 19, 2025 |
Global Ocean Logistics India IPO Reservation
| Investor Category | Shares Offered | Reservation % |
|---|---|---|
| QIB Portion | 1,852,000 | Not less than 50% of the Net Offer |
| Non-Institutional Investor Portion | 555,600 | Not more than 15% of the Net Issue |
| Retail Shares Offered | 1,296,400 | Not more than 35% of the Net Offer |
| Market Maker Portion | 195,200 | - |
Global Ocean Logistics India IPO Promoter Holding
| Share Holding Pre Issue | 82.00% |
| Share Holding Post Issue | 59.86% |
Global Ocean Logistics India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹249,600 |
| Retail (Max) | 2 | 3,200 | ₹249,600 |
| S-HNI (Min) | 3 | 4,800 | ₹374,400 |
| S-HNI (Max) | 8 | 12,800 | ₹998,400 |
| B-HNI (Min) | 9 | 14,400 | ₹1,123,200 |
Global Ocean Logistics India IPO Subscription Status
| Investor Category | Shares Offered | Shares Bid For | No of Times Subscribed | Last Upadeted |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 7,39,200 | 35,23,200 | 4.77x | 22 December 2025; 10:32 AM |
| Non Institutional Investors(NIIS) | 5,56,800 | 1,64,08,000 | 29.47x | 22 December 2025; 10:32 AM |
| Retail Individual Investors (RIIs) | 12,99,200 | 1,54,62,400 | 11.90x | 22 December 2025; 10:32 AM |
| Total | 25,95,200 | 3,53,93,600 | 13.64x | 22 December 2025; 10:32 AM |
About Global Ocean Logistics India Limited
Global Ocean Logistics India Limited is an integrated logistics service provider offering freight forwarding and supply chain solutions across sea, air, and road transport. The company earns revenue through international freight forwarding, customs clearance, and allied logistics services. Its services are used by exporters and importers for cross-border trade, enabling efficient cargo movement and end-to-end logistics execution across global routes.
Key Clients and Facilities
The company serves a diversified client base including exporters, importers, and logistics intermediaries across multiple industries. It does not own manufacturing facilities, as its business model is asset-light. Operations are managed through its registered office in Mumbai and a network of global agents, shipping lines, and airline partners, enabling scalable logistics services without heavy fixed infrastructure investments.
Product Portfolio and Order Book
The company’s portfolio includes ocean freight, air freight, multimodal transport, customs clearance, and value-added logistics services. These offerings support clients across different stages of their product life cycle, from raw material imports to finished goods exports. Order execution is short-cycle in nature, with continuous shipment-based orders rather than long-term fixed contracts, ensuring steady operational cash flows.
Mergers, Capex and Expansion Plans
The company has not undergone any merger or scheme of arrangement to date. Expansion plans focus on scaling volumes, strengthening working capital, and enhancing digital systems rather than heavy capex. Funds from the IPO are intended to support growth, improve liquidity, and reduce debt, enabling higher throughput and expansion into new trade lanes.
Employees and Banker
As of October 31,2025, the company had 55 employees. The Banker to the Company is Kotak Mahindra Bank Limited.
Management and Vision
The management team is led by experienced promoters with deep domain expertise in logistics and freight forwarding. Their vision is to scale volumes profitably by improving operational efficiency, expanding global agency networks, and focusing on high-margin routes. In the near term, the focus is on revenue growth and margin stability. Long-term targets include becoming a scalable mid-sized logistics platform. Capex and expansion will be funded through internal accruals, IPO proceeds, and optimized working capital management.
Industry Overview
Global Ocean Logistics India Limited operates in the logistics and freight forwarding industry. The Indian logistics market is estimated at over USD 250 billion, contributing nearly 14% of India’s GDP, and is expected to grow at 8–10% CAGR. The global logistics market exceeds USD 9 trillion, growing at around 6–7% annually. Key industry leaders include DHL, Kuehne+Nagel, and DSV globally, while Indian players include Blue Dart, Delhivery, and Container Corporation of India. Growth is driven by trade expansion, e-commerce, and supply chain digitization.
Key Risk Factors
- Freight Rate Volatility
Logistics revenues are sensitive to global freight rate fluctuations. Any sharp decline in shipping rates can compress margins and impact profitability, as seen during post-pandemic normalization phases. - High Working Capital Dependence
The business requires significant working capital due to receivables and payables cycles. Delays in customer payments can strain liquidity and increase short-term borrowing requirements. - Dependence on Third-Party Carriers
The company relies on shipping lines, airlines, and transporters. Any disruption, capacity shortage, or contractual dispute with these partners may affect service delivery and customer satisfaction. - Intense Competition
The logistics industry is highly competitive with low entry barriers. Pricing pressure from larger organized players and regional operators can impact margins and market share. - Regulatory and Compliance Risk
Operations are subject to customs laws, foreign trade policies, and logistics regulations. Any adverse regulatory changes or non-compliance may disrupt operations and increase costs.
Key Strengths, Moat and Opportunities
- Asset-Light Business Model
The company operates without owning heavy logistics assets, allowing flexibility, lower fixed costs, and faster scalability while maintaining competitive return ratios. - Strong Revenue Growth
Revenue from operations grew to ₹19,055.91 lakh in FY25, reflecting strong volume growth and improved market penetration across trade routes. - Improving Financial Metrics
Debt-equity reduced to 0.07x in FY25, indicating better balance sheet strength and reduced reliance on debt funding post equity conversions. - Diversified Service Portfolio
Presence across ocean, air, and multimodal logistics reduces dependency on a single segment and provides cross-selling opportunities to existing clients. - Experienced Promoter and Management Team
Promoters bring long-standing experience in freight forwarding and logistics, enabling strong client relationships and disciplined execution. - Industry Growth Tailwinds
Rising exports, import substitution, and government focus on logistics efficiency present significant growth opportunities for organized logistics players like the company.
Global Ocean Logistics India Limited Financial Information (Restated Consolidated)
Amount in (₹ in Lakhs)
| Period Ended | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Reserve of Surplus | 1,138.57 | 684.44 | 757.27 | 493.92 |
| Total Assets | 4,651.22 | 3,521.86 | 2,355.55 | 1,806.86 |
| Total Borrowings | 416.96 | 114.96 | 403.21 | 538.61 |
| Fixed Assets | 70.59 | 75.31 | 82.19 | 24.26 |
| Cash | 112.01 | 228.78 | 256.29 | 91.96 |
| Cash flow from operating activities | -60.99 | -176.34 | 234.27 | -26.67 |
| Cash flows from investing activities | -43.18 | -27.49 | -51.98 | -45.58 |
| Cash flow from financing activities | -12.60 | 176.32 | -17.96 | -3.74 |
| Net Borrowing | 304.95 | -113.82 | 146.92 | 446.65 |
| Revenue | 10,830.88 | 19,159.95 | 10,345.09 | 19,142.58 |
| EBITDA | 604.70 | 939.59 | 395.54 | 477.73 |
| PAT | 454.13 | 681.51 | 263.35 | 382.59 |
| PAT Margin | 4.19% | 3.56% | 2.55% | 2.00% |
| EPS | 4.31 | 4.31 | 2.71 | 3.94 |
Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on Cap Price Post Issue Data, given in FINANCIAL EXPRESS.
Key Performance Indicator
| KPI | Values |
|---|---|
| EPS Pre IPO (Rs.) | 6.98 |
| EPS Post IPO (Rs.) | 4.72 |
| Adjusted 12M EPS Post IPO (Rs.) | 6.29 |
| P/E Pre IPO | 11.17 |
| P/E Post IPO | 16.53 |
| Adjusted 12M P/E Post IPO | 12.40 |
| ROE | 53.00% |
| ROCE | 53.00% |
| P/BV | 4.73 |
| Debt/Equity | 0.07 |
| RoNW | 39.19% |
| EBITDA Margin | 4.93% |
| PAT Margin | 3.56% |
Global Ocean Logistics India Limited IPO Peer Comparison
| Company Name | EPS | P/E (x) | ROE | ROCE | P/BV | Debt/Equity | RoNW (%) |
|---|---|---|---|---|---|---|---|
| Global Ocean Logistics India | 4.72 | 16.53 | 53.00% | 53.00% | 4.73 | 0.07 | 39.19% |
| SJ Logistics India | 35.76 | 12.05 | 31.9 % | 36.6 % | 4.07 | 0.32 | 24.13% |
| Blue Water Logistics | 13.34 | 12.07 | 72.0 % | 41.1 % | 6.68 | 0.64 | 41.00% |
| Tiger Logistics (india) | 2.55 | 15.09 | 21.7 % | 26.7 % | 4.38 | 0.32 | 22.00% |
Global Ocean Logistics India Limited Contact Details
Global Ocean Logistics India Limited
Phone: +91 22 4877 8888
Email: cs@globalocean.in
Website: http://www.globaloceanlogistics.in
Global Ocean Logistics India IPO Registrar and Lead Manager(s)
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: globalocean.ipo@kfintech.com
Website: https://ipostatus.kfintech.com
Marwadi Chandarana Intermediaries Brokers Private Limited
Phone: +91 22-69120027
Email: mb@marwadichandarana.com
Website: https://ib.marwadichandaranagroup.com
Global Ocean Logistics India IPO Review
Global Ocean Logistics India Limited is an integrated logistics service provider offering freight forwarding and supply chain solutions across sea, air, and road transport. The company earns revenue through international freight forwarding, customs clearance, and allied logistics services. Its services are used by exporters and importers for cross-border trade, enabling efficient cargo movement and end-to-end logistics execution across global routes.
The Company is led by Promoter, i.e., NIRAJ NANDKISHOR NARSARIA AND ANAND MEHTA
The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹
10,830.88 Lakh, ₹
19,159.95 Lakh, ₹
10,345.09 Lakh, and ₹
19,142.58 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹
604.70 Lakh, ₹
939.59 Lakh, ₹
395.54 Lakh, and ₹
477.73 Lakh, The Profit after Tax for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹
454.13 Lakh, ₹
681.51 Lakh, ₹
263.35 Lakh, and ₹
382.59 Lakh, respectively. This indicates a steady growth in financial performance.
The Company Key Performance Indicates the pre-issue EPS of ₹6.98 and post-issue EPS of ₹4.72 for FY25. The pre-issue P/E ratio is 11.17x,while the post-issue P/E ratio is 16.53x against the Industry P/E ratio is 13.57x The company's ROE for FY25 is 53.00% and RoNW is 39.19% The Annualised EPS is ₹6.29x and P/E is 12.40x. These metrics suggest that the IPO is Fully priced.
The Grey Market Premium (GMP) of Global Ocean Logistics India showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Global Ocean Logistics India Limited IPO for Listing gain or Long Term Purposes.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. We also use Artificial Intelligence (AI) tools to enhance the efficiency and quality of our research services, including data retrieval, analysis, and report summarization. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit Legal our website abhayvarn.com
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.





